3 Responses to âWarning against use of Vicks VapoRub in babies and toddlersâ. On January 22nd, 2009 at 9:38 am. Lisa says... I donât think a lot of people realize that Vickâs makes a special vaporub made especially for babies. Itâs called Vickâs BabyRub and it is safe for infants and toddlers.
So, basically, the CRLTO puts a cap on a lessorâs late fees. If the tenantâs monthly rent is $1000, then the maximum late fee that can be charged is $35.00. Thatâs a total, not a daily amount nor an amount that compounds or increases over time.
Daily Late Fees. The beauty of charging a daily late fee in addition to a one-time fee is that once the tenant incurs the initial fee, there is still financial motivation to deliver the money as soon as possible. Personally, I charge a $20 daily fee, starting on the 2nd late day and every day thereafter, until rent is paid in full. This ensures that the tenant will continue to attempt to pay rent quickly, even if it is officially late. When you use a one-time fee and a daily late fee together, it really provides incentive for the tenant to pay rent on time.